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13-07-2020, 07:25 AM
#5971
https://i.stuff.co.nz/business/12204...y+13+July+2020
For those that want a data....on how many kiwis back home n how many tourists left since march
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13-07-2020, 09:27 AM
#5972
Originally Posted by King1212
You have to get through a fair few anecdotes before you find the data
"Between April and June, 56,871 people left New Zealand, so there was a net loss of 35,747 people during the three-month period, Customs data shows"
Jury is still out on whether returning kiwis will make up for the hugely reduced numbers of other immigrants.
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13-07-2020, 09:39 AM
#5973
Originally Posted by mfd
You have to get through a fair few anecdotes before you find the data
"Between April and June, 56,871 people left New Zealand, so there was a net loss of 35,747 people during the three-month period, Customs data shows"
Jury is still out on whether returning kiwis will make up for the hugely reduced numbers of other immigrants.
Maybe so but with 68,000 new Covid 19 cases in America yesterday the way their juror is voting is clear.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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13-07-2020, 08:32 PM
#5974
Unintentionally parked outside The Sands in Brown's Bay yesterday eve...didn't notice until returning from dinner a couple of hours later. The wife couldn't understand the excitement but I thought it was pretty cool to have a look at something we have a partial interest in. Looks very nice from what I could see of it in the dark :-)
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15-07-2020, 10:12 AM
#5975
Seeing the $1.00 this morning
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15-07-2020, 10:20 AM
#5976
Lot of money flowing out of MET into OCA. Selling a non dividend paying dog with a dysfunctional board and inept management and a broken development model at a discount to NTA to buy a well governed, highest dividend yield for the sector, well managed company with the best development margins in the industry, still at a material discount to NAV. Very smart move in my opinion.
Meanwhile over at MET the arbitrage funds are piling into it looking for an "easy" 10 cents, (nearly $50m of shares by value changed hands yesterday). One wonders if they have ever heard the old "once bitten twice shy" adage ? What could possibly go wrong ? Surely we wouldn't be able to ride that roller-coaster yet again...or maybe, just maybe we might...
Last edited by Beagle; 15-07-2020 at 10:26 AM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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15-07-2020, 10:23 AM
#5977
Originally Posted by thegreatestben
Seeing the $1.00 this morning
Probably never go below $1 again.
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15-07-2020, 10:30 AM
#5978
Member
Originally Posted by JohnnyTheHorse
Probably never go below $1 again.
This was the sentiment last month as well, but it did go down from $1.0x to sub-90s;
Methinks it is MET $ and also the positive outlook likely to arise from the AGM shortly.
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15-07-2020, 10:32 AM
#5979
Originally Posted by Paradox
This was the sentiment last month as well, but it did go down from $1.0x to sub-90s;
Methinks it is MET $ and also the positive outlook likely to arise from the AGM shortly.
Nearly $50m changed hands yesterday. Some of that is bound to find its way into this well managed company and SUM other places that are arguably not as well managed.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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15-07-2020, 10:33 AM
#5980
Originally Posted by JohnnyTheHorse
Probably never go below $1 again.
If I had a dollar for every time that has been said..........
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